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please answer this questions within 30 minutes. make sure the explanation and reasons are explained in very detailed manner , Attempt the answer only if
please answer this questions within 30 minutes. make sure the explanation and reasons are explained in very detailed manner , Attempt the answer only if your are 100% sure that its correct. else leave it for other tutor otherwise i will give negative ratings and will also report your answer for unprofessionalism. Make sure the answer is 100% correct and is not copied from anywhere. ATTEMPT THE QUESTION ONLY IF YOU ARE 100% CORRECT AND SURE. ELSE LEAVE IT FOR ANOTHER TUTOR. BUT PLEASE DONT PUT WRONG ANSWER ELSE I WILL REPORT.
Rams Ltd (RL) is a logistics and construction company that provides services throughout Caribbean and North America. In 2017 Sunny Limited (SL)was incorporated providing equipment for the Oil and Gas Industry. All funds are provided and managed through RL. In January 2022, SL entered into an agreement with Xenon Limited to supply flue gas turbines and slide valves for Xenon Limited's refinery. The terms of the agreement included a payment of Slmillion US upon signing (which was deposited into the account of RL) and the balance of $500, 000 US upon delivery. The delivery date of the equipment was April 30th, 2022. On lst May 2022 SL announced closure of its operations. Xenon Limited wants to recover for breach of contract and upon investigation realizes that SL has no funds to satisfy any claim. It is rumoured that Xenon Limited is preparing to take action against RL. Please advise stating issue, law and analysisStep by Step Solution
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